CIS: Market for Machine-Tools For Working Wood 2024

Market Size for Machine-Tools For Working Wood in CIS

In 2021, the CIS machine-tool for working wood market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, saw a deep setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Machine-Tools For Working Wood in CIS

In value terms, machine-tool for working wood production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 78%. The level of production peaked at $X in 2020, and then reduced modestly in the following year.

Exports of Machine-Tools For Working Wood

Exports in CIS

In 2021, approx. X tons of machine-tools for working wood were exported in the CIS; increasing by 19% on 2020 figures. Total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +83.2% against 2015 indices. The pace of growth was the most pronounced in 2016 with an increase of 36%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, machine-tool for working wood exports soared to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +130.6% against 2015 indices. The pace of growth appeared the most rapid in 2016 when exports increased by 33%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Belarus (X tons) and Russia (X tons) prevails in exports structure, together committing 96% of total exports. Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Moldova (with a CAGR of +13.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Belarus ($X) and Moldova ($X) constituted the countries with the highest levels of exports in 2021, with a combined 97% share of total exports.

Among the main exporting countries, Moldova, with a CAGR of +18.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, growing by 6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 14%. Over the period under review, the export prices reached the peak figure in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+4.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Machine-Tools For Working Wood

Imports in CIS

Machine-tool for working wood imports soared to X tons in 2021, jumping by 26% compared with 2020. Over the period under review, imports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 102% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, machine-tool for working wood imports surged to $X in 2021. Overall, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2017 when imports increased by 82% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Russia dominates imports structure, recording X tons, which was approx. 81% of total imports in 2021. It was distantly followed by Belarus (X tons) and Kazakhstan (X tons), together making up a 13% share of total imports. Uzbekistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to machine-tool for working wood imports into Russia stood at -2.6%. Kazakhstan experienced a relatively flat trend pattern. Uzbekistan (-3.4%) and Belarus (-14.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia, Uzbekistan and Kazakhstan increased by +21, +2.6 and +2.1 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported machine-tools for working wood in the CIS, comprising 80% of total imports. The second position in the ranking was taken by Belarus ($X), with a 10% share of total imports. It was followed by Kazakhstan, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to -5.8%. In the other countries, the average annual rates were as follows: Belarus (-11.6% per year) and Kazakhstan (+3.8% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, rising by 4.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by 25%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+3.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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